'Temporary' sales tax would go permanent under budget draft
RALEIGH, N.C. (AP) - House and Senate negotiators reached tentative agreements late last night on a two-year budget that would make a “temporary” sales tax increase permanent and let counties raise additional taxes for school construction and infrastructure.
The deals, which require final approval by the full House and Senate, also would transfer the counties’ share of Medicaid expenses to the state in a three-year phase-out, House and Senate Democratic leaders said.
The deals, which require final approval by the full House and Senate, also would transfer the counties’ share of Medicaid expenses to the state in a three-year phase-out, House and Senate Democratic leaders said.
posted by BP News Bureau | 1:03 PM
3 Comments:
"The budget agreement also would create a state version of the federal earned-income-tax credit, giving cash rebates to some tax filers even if they paid no taxes."
Why should people get cash rebates when they didn't pay any taxes?
This would be something like North Carolina's version of the earned income credit.
Just more of the people voting themselves wealth. Isn't democracy great?
How 'bout the people voting for this that don't even qualify for the earned income credit???
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